You may already be familiar with the traditional loan modification process that many people go through in order to keep from losing their homes, but you might not know that you can do the same thing with your car. An auto loan modification could be a good choice for you if you’re nearing the three month mark on car payment delinquency with no way to realistically catch your payments up. But should you go through with it? Before making a decision, you should take a hard look at your situation.…
Read This Article →The idea of a no doc loan is very appealing. You can walk into the loan office, fill out the necessary paperwork, and walk right back out in much less time than you normally could if you opted for a loan requiring documents. Why is it so easy? Because there is much less paperwork involved. No doc loans certainly have their advantages – particularly if you are self–employed and have a hard time proving your income. Even so, taking out a loan like this isn’t always the right answer because …
Read This Article →If you’ve ever been in a position where you were unable to make your loan payments on time, you might have considered paying off loans with other loans. This idea is really tempting for a lot of reasons, and creditors generally make it easy enough to do. There are a few different ways this can work, and depending on how you go about it, it may or may not be the right choice to make. Sometimes you’re better off leaving things as is, while other times it could make a …
Read This Article →Reader Question: Alice in Illiniois asks “Why can’t I get a loan? I’ve applied to the bank and was rejected, and I need money today. Any tips?”
Whether you are purchasing a home, starting a business, buying a car, or figuring out how to pay for school, you know that getting a loan can be hard work! According to the Federal Reserve’s January 2011 Senior Loan Officer Opinion Survey on Bank Lending Practices, banks have continued to tighten their lending conditions to businesses and households. Fifty-seven domestic banks …
Read This Article →About The Editor
Maria Schubert is the editor of Instant-Loans.org. Originally from San Diego, Maria graduated from USC with a Bachelor's in Accounting, Certificate in Banking, and Certificate in Entreprenurship. Before joining our website, Maria spent time as a lender at a prominent Florida bank.In addition to working with our staff and contributing to Instant-Loans.org, Maria enjoys golfing, asian cuisine, thrifty shopping, the beach, and a great novel.